Petrol price up by 58 paise a litre; diesel cut by 31 paise
Petrol price was last hiked on September 1 by a steep Rs3.38 per litre and diesel by Rs2.67 a litre. Photo: Hemant Mishra/Mint New Delhi: Petrol price was on Friday hiked by 58 paise a litre while diesel rate was cut by 31 paise per litre in line with international trends. Petrol will cost Rs64.05 a litre from Friday midnight as against Rs63.47. Similarly, diesel will cost Rs52.63 a litre as compared to Rs52.94 a litre. This is the second increase in rates of petrol this month while in case of diesel it wipes away a part of the hike effected earlier this month. Petrol price was last hiked on September 1 by a steep Rs3.38 per litre and diesel by Rs2.67 a litre. “The current level of international product prices of petrol and diesel and rupee-US dollar exchange rate warrant increase in selling price of petrol and decrease in selling price of diesel, the impact of which is being passed on to the consumers with this price revision,” Indian Oil Corp, the nation’s largest fu...